204-214 W Ellsworth Ave 6 Unit Apartment Building $1,300,000 ($216,667/Unit) 5.04% Cap Rate Denver, CO 80223

Baker 6 is a turn-key 6-unit apartment building located in the heart of Denver’s vibrant Baker neighborhood. This 6-unit apartment building, situated on a 6,250 SF lot, features a total of 2,728 SF and was originally constructed in 1954. Building is composed of 6 - 1Bd/1Ba units thoughtfully designed in a side-by-side layout, offering individual front and rear entrances and identical layouts.
The property has been extensively renovated in recent years with modern interior finishes, including quartz countertops, stainless steel appliances, updated flooring, and contemporary cabinetry. Each unit is equipped with a wall-mounted gas furnace, and the property is separately metered for both gas and electricity. Additionally, each unit features new electric panels.
Tenants enjoy access to a shared laundry facility, generous storage spaces, and direct access to the adjacent Dailey Park. With U-RH-2.5 zoning, the property offers long-term flexibility for investors. Located just blocks from the bustling South Broadway retail corridor and minutes from Downtown Denver, Baker 6 combines strong in-place income with significant location upside.
This is a well-maintained, professionally upgraded asset offering immediate cash flow in one of Denver’s most enduring and sought-after rental submarkets.